HHP Law Firm ("HHP"), together with Baker McKenzie Tokyo, has advised Toyota Tsusho Corporation's ("TTC") newly established operating company PT Patimban International Car Terminal ("PICT") on their participation in the automobile terminal operation business at Patimban New International Port, the first private-public partnership in the Indonesian port sector.
PICT will be responsible for the operation of the automobile terminal. The port which is located in Subang Regency, West Java, will provide new port facilities for vehicle export-import and is a key part of Indonesia's flagship proposal to enhance its maritime connectivity.
HHP Foreign Legal Consultant Norman Bissett and Partner Nadia Soraya led this transaction with a cross-border team, involving support from Baker McKenzie Tokyo. The partners were supported by Associate Partner Fanny Kurniawan, Associate Meyliana Santy (HHP), Senior Associates Hojung Jun and Ayumu Shinozaki (Baker McKenzie Tokyo). We advised the client on concession and sub-concession terms, venture agreements and regulatory and operational issues.
The operation of the Patimban New International Port in the eastern part of the Jakarta Metropolitan Area will disperse cargo from Tanjung Priok Port, alleviating traffic congestion and improving logistics functions in the Jakarta Metropolitan Area. It is also expected to lower logistics costs and enhance Indonesia's export competitiveness.
27 December 2021